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Feb 10, 2010
02/10
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MSNBC
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the fed decided to release bernanke's prepared remarks anyway. so we are going the keep our eye on how the markets respond there throughout the day. you can see as we stand still above the 10,000 mark but down 37 points on the day. stocks are low on fears any move by the fed to pull out money from the financial system could hurt the recovery. >>> the sex scandal surrounding john edwards is back in the news. today's the deadline for former aide to turn over an alleged sex tape. senior investigative correspondent lisa myers joins me now. has he done it yet? is the plan that he will turn it over during a court hearing? >> well, as of a couple of hours ago the tape was in the sheriff's office in north carolina. and was going to be delivered to the court around 2:00 today when the hearing will begin. at which point the judge will take possession of the alleged sex tape. it is just another step in what has become a bizarre legal battle. really a circus between john edwards' former mistress and former aide over who actually owns the tape and other alleg
the fed decided to release bernanke's prepared remarks anyway. so we are going the keep our eye on how the markets respond there throughout the day. you can see as we stand still above the 10,000 mark but down 37 points on the day. stocks are low on fears any move by the fed to pull out money from the financial system could hurt the recovery. >>> the sex scandal surrounding john edwards is back in the news. today's the deadline for former aide to turn over an alleged sex tape. senior...
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Feb 10, 2010
02/10
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WETA
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stocks edged lower after those comments from ben bernanke. the dow lost 20 points, the nasdaq fell three points, and the s&p 500 dropped two points. speaking of the dow, the 114- year-old index has a new owner: the c.m.e. group. the chicago exchange is joining forces with dow jones, for dow's stock indexing business. the deal's worth $675 million and gives the c.m.e. a 90% stake, with dow jones and its owner newscorp keeping the rest. german politicians, euro zone finance ministers, and french president nicholas sarkozy spent the day working on the greek issue. so far, no decision on how to handle greece's debt. the issue tops the agenda at tomorrow's summit of european union leaders in brussels. treasury secretary timothy geithner says the u.s. financial system is healing, but there's a lot of repair work ahead. his comments came from a prepared statement summing up how the administration worked to stabilize financial markets over the past year. still ahead, will airlines stocks soar higher this year? we ask our "street critique" guest juliu
stocks edged lower after those comments from ben bernanke. the dow lost 20 points, the nasdaq fell three points, and the s&p 500 dropped two points. speaking of the dow, the 114- year-old index has a new owner: the c.m.e. group. the chicago exchange is joining forces with dow jones, for dow's stock indexing business. the deal's worth $675 million and gives the c.m.e. a 90% stake, with dow jones and its owner newscorp keeping the rest. german politicians, euro zone finance ministers, and...
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Feb 10, 2010
02/10
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MSNBC
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fed chairman ben bernanke beginning to lay out a strategy for weaning the economy off the stimulus plan. the time for such steps has not yet arrived. a surprise dip in mortgage applications as rates on 30-year loans fell to their lowest since debs and wall street looking at a bailout for debt burdenened greece. now back to "hardball." >>> welcome back to "hardball." the headline in the "washington post"/abc poll. good news for republicans. bad news for the democrats. it reads on major issues republicans gain ground on president obama. what do both parties make about the shifting ground? steve mcmahon a democratic strategist, todd harris a republican strategist. if you are a democrat these are big, bad numbers. in february of this year, the democrats were trusted by 56% of the people. which party do you trust to do the better job coping the the main challenges. the white side is a year ago. the democrats were big on the trust issue, unemployment, health care, foreign policy. look at the numbers 43 to 37. the democrats only a little bit ahead. six points ahead. they were 26 points ahead.
fed chairman ben bernanke beginning to lay out a strategy for weaning the economy off the stimulus plan. the time for such steps has not yet arrived. a surprise dip in mortgage applications as rates on 30-year loans fell to their lowest since debs and wall street looking at a bailout for debt burdenened greece. now back to "hardball." >>> welcome back to "hardball." the headline in the "washington post"/abc poll. good news for republicans. bad news for the...
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Feb 10, 2010
02/10
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WMPT
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chairman ben bernanke outlined the effort in written testimony for a congressional committee. bernanke said the economy still needs an easy money policy for now, but he added: "at some point the federal reserve will need to tighten financial conditions." the talk of higher rates kept wall street at bay. the dow jones industrial average lost 20 points to close at 10,038. the nasdaq fell three points to close below 2,148. thousands of workers in greece staged a national strike today, protesting a government plan to freeze salaries and cut bonuses. the 24-hour strike closed schools, and brought air travel to a halt. we have a report from john sparks of independent television news. >> reporter: it's easy to say, the 24-hour strike closed greece filed a test case for other indebted states. its huge socialist government plans been cuts. for many here on the streets of athens today it is not acceptable. "the capitalist government has declared war on the working classes. we will respond with war-like measures," said this mp. the government wants to raise the retirement age by two year
chairman ben bernanke outlined the effort in written testimony for a congressional committee. bernanke said the economy still needs an easy money policy for now, but he added: "at some point the federal reserve will need to tighten financial conditions." the talk of higher rates kept wall street at bay. the dow jones industrial average lost 20 points to close at 10,038. the nasdaq fell three points to close below 2,148. thousands of workers in greece staged a national strike today,...
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Feb 10, 2010
02/10
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WMAR
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the federal reserve will release a statement today outlining chairman ben bernanke's strategy for eventually raising rates from historic lows. the fed faces a delicate balancing act. are a rates too quickly and choke off the modest recovery. wait too long and spark inflation. no matter what the fed says it's months away from making changes. >>> the man who helped engineer the financial bailout says taxpayers will recover neve spent. henry paulsen open was interviewed by warren buffett. both agreed the government may turn a profit from the bailout. another reminder of just how tough the rob jacket is right now. the numbers show there were just under six unemployed people for every job opening and the problem may get worse before it gets better. a separate survey finds more small companies plan to cut workers rather than add them. add the camry to the list of toyotas experiencing brake problems. the automaker is recalling about 7300, 2010 camries because of a possible fluid leak that increases stopping distances. this came after toyota announced it's recalling half a million dollars hybrids an
the federal reserve will release a statement today outlining chairman ben bernanke's strategy for eventually raising rates from historic lows. the fed faces a delicate balancing act. are a rates too quickly and choke off the modest recovery. wait too long and spark inflation. no matter what the fed says it's months away from making changes. >>> the man who helped engineer the financial bailout says taxpayers will recover neve spent. henry paulsen open was interviewed by warren buffett....
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Feb 10, 2010
02/10
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CSPAN2
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chairman bernanke is outlying the plan on the stimulus money. the associate press said the fed will start tightening the credit on banks on money they leave at central bank. they will have to pay more for borrow. the federal government has been closed for last thread's. congress and house won't be back in session until february 22. the senate will be in for speeches tomorrow. the senate is in tomorrow at 2:30 with live coverage on c-span2. >> former senator charles mathias died at age of 87. he served from 1969 to 1987 after four terms in the u.s. house. among those remembering him was his former senate colleague, vice president biden. this portion of the funeral service is an hour. [silence] [silence] >> mr. vice president, distinguished guest, friends and family, thank you for being with us today. we are hear to celebrate the life of a great man. the public story has been well told. statesman, the conscience of the senate, protector of the chesapeake, steward of the cno canal, friend of nation, fierce advocate for the equal rights of all men a
chairman bernanke is outlying the plan on the stimulus money. the associate press said the fed will start tightening the credit on banks on money they leave at central bank. they will have to pay more for borrow. the federal government has been closed for last thread's. congress and house won't be back in session until february 22. the senate will be in for speeches tomorrow. the senate is in tomorrow at 2:30 with live coverage on c-span2. >> former senator charles mathias died at age of...
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Feb 10, 2010
02/10
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host: a couple other items, business section of "new york times," that ben bernanke has survived a challenge to his second term as chairman, and faces the delicate task of beginning to pull the central bank out of its extraordinary situation. guest: the economy through the fall of 2008 and through last year, in an effort to help banks and credit markets and to prevent the financial system from imploding. they did that by lower the interest rates, and now they have to pull that back. they have to pull the federal reserves investments in the economy back. and they have to do that carefully because they don't want to cause problems in doing so, which is something that could happen. it will be delicate. markets are watching when this will happen. if he doesn't do it right, you will see plunges in stock values. host: what is the update? guest: last week senate dodd announced he was at an impasse with senator shelby, and it's not a good sign. there are some republicans who said they were committed to get a bill. one thing to watch is bob corker, a new senator from tennessee, he's working with mark
host: a couple other items, business section of "new york times," that ben bernanke has survived a challenge to his second term as chairman, and faces the delicate task of beginning to pull the central bank out of its extraordinary situation. guest: the economy through the fall of 2008 and through last year, in an effort to help banks and credit markets and to prevent the financial system from imploding. they did that by lower the interest rates, and now they have to pull that back....